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Oct 3, 2013
10/13
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remember, the economy is in danger. we're seeing the stock market is beginning to tremble some. it will do more and be in serious trouble. in addition to this we're finding jobs are not being created. all of this is related to the fact business has uncertainty they can't invest. so we have that problem plus the fact that important government expenditures necessary to continuing economic recovery are not going forward. >> congressman, you've seen it all in more than half a century. it is true that john boehner is clearly afraid he would lose his speakership if he went against his own caucus, right? >> i don't know that. i know and respect speaker boehner. he's a decent man. i don't want to accuse him of being afraid or anything of that kind. in the simple fact of the matter is he knows he can't move his party because everybody over there is scared to death and desperately anxious not to give the president even a small win, even though it's something desperately needed by the american economy. >> john dingell, 57 years and counting. we hope you get through this crisis. this is not
remember, the economy is in danger. we're seeing the stock market is beginning to tremble some. it will do more and be in serious trouble. in addition to this we're finding jobs are not being created. all of this is related to the fact business has uncertainty they can't invest. so we have that problem plus the fact that important government expenditures necessary to continuing economic recovery are not going forward. >> congressman, you've seen it all in more than half a century. it is...
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Nov 7, 2013
11/13
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it didn't focus a lot on what he's done in office on the economy. other articles may in time do that. a lot of the media coverage in general, including us, we cover a lot of 2016 stuff. if we dive in for a minute, because i know you've covered him a lot, he has presided over tremendous cuts at home in new jersey. cutting family care, $100 million. that's their local program for health care for poor people. eliminated after the three, a great new jersey program that tried to give low-income students a place to go after school, $100 million from city programs that were for some of the poorer cities. cuts to medicaid. okay, this is a guy -- i could go on. we don't have the time. >> you're such a liberal. >> if there's one thing in common with every program i just mentioned, it's that it was for poor and middle-class people in his state. he was re-elected with the votes of some of those people. if we look at policy, aside from politics, this is a guy who goes after some of the poorest citizens in his state with his budget priorities. >> well, yeah, that
it didn't focus a lot on what he's done in office on the economy. other articles may in time do that. a lot of the media coverage in general, including us, we cover a lot of 2016 stuff. if we dive in for a minute, because i know you've covered him a lot, he has presided over tremendous cuts at home in new jersey. cutting family care, $100 million. that's their local program for health care for poor people. eliminated after the three, a great new jersey program that tried to give low-income...
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Feb 2, 2013
02/13
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the economy grows more slowly. government is a significant part of the economy. and if we learned anything, which you suggest we haven't, if we were going to learn from this, what we would learn is in fact you cut the government spending at a time like this you're going to grow more slowly. now the sequester threatens $85 billion of cuts in 2013. and most estimates are that could take another half of a percentage point off of gdp. like i said, if we're growing at somewhere around 1.2% we can't afford that. why is the market -- the dow hit 14,000 today, doing very, very well. >> i think i can explain it. >> explain it, enlighten me. >> so far, we have been talking exclusively about the united states. although i did mention austerity and europe. but corporate profitability is doing well. well, if you're a multi-national corporation that can sell into developing economies in asia, for example, then your profitability doesn't depend on the united states getting it right. it doesn't depend on the congress rejecting austerity. what it does is go where there is growth.
the economy grows more slowly. government is a significant part of the economy. and if we learned anything, which you suggest we haven't, if we were going to learn from this, what we would learn is in fact you cut the government spending at a time like this you're going to grow more slowly. now the sequester threatens $85 billion of cuts in 2013. and most estimates are that could take another half of a percentage point off of gdp. like i said, if we're growing at somewhere around 1.2% we can't...
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Oct 9, 2013
10/13
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>> well, look, three a they are economy. they need credit markets to be smooth for their businesses to function. so whether it's for them personally or the economy in general for which they are inextrickably intertwined, i think it would be hard to separate out. but clearly they are concerned like a lot of other traditional backers. they all joined a letter today making essentially the same point, that they don't want the economy to go over the cliff on this, and they don't want us to go into a default. >> karen, does this show the republican crackup? >> it sure does. but it also shows that the republicans, i mean, we talked about their before. this is their own problem that they have created coming home to roost. think about their. the koch brothers are now trying to get help from others in congress against the, those tea party crazies that they funded, as you pointed out in your opening. that's how ridiculous this is. they maybe should pay a little bit closer attention to where the money that they're spending actually goes
>> well, look, three a they are economy. they need credit markets to be smooth for their businesses to function. so whether it's for them personally or the economy in general for which they are inextrickably intertwined, i think it would be hard to separate out. but clearly they are concerned like a lot of other traditional backers. they all joined a letter today making essentially the same point, that they don't want the economy to go over the cliff on this, and they don't want us to go...
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Oct 1, 2013
10/13
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up next, what a shut down will do to the economy. [ horn honks ] [ passenger ] airport, please. what airline? united. [ indian accent ] which airline, sir? [ passenger ] united. whoa taxi! [ british accent ] what airline, then? [ passenger ] united. all right. [ spanish ] what airline? [ passenger ] united. ♪ [ mandarin ] which airline? [ passenger ] united. [ arabic ] which airline? [ passenger ] united. [ italian ] where are we going? [ passenger ] united. [ male announcer ] more destinations than any other airline. [ thai ] which airline do you fly? [ passenger ] united. [ male announcer ] that's great, big world friendly. ♪ ♪ ♪ ♪ [ male announcer ] build anything with the new toyota tundra. toyota. let's go places. >> global stock markets fell monday as investors worried about a possible u.s. government shut down. the dow jones industrial average fell 129 points or .8%. the s&p 500 slid 10.2 points and the nasdaq dropped 10.12 or 4.3%. it would do the very thing republicans claim they are trying to stop. make the budget deficit worse. joining me now is josh green.
up next, what a shut down will do to the economy. [ horn honks ] [ passenger ] airport, please. what airline? united. [ indian accent ] which airline, sir? [ passenger ] united. whoa taxi! [ british accent ] what airline, then? [ passenger ] united. all right. [ spanish ] what airline? [ passenger ] united. ♪ [ mandarin ] which airline? [ passenger ] united. [ arabic ] which airline? [ passenger ] united. [ italian ] where are we going? [ passenger ] united. [ male announcer ] more...
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Nov 14, 2013
11/13
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and building an economy where everybody if you work hard, you can get ahead. i didn't run for president to go back to where we were. i want us to go forward. i want us to go towards the future. i want us to get to where we need to be. >> the fight for economic fairness has been at the heart of the obama presidency. and it's an issue that he and democrats plan to hammer the gop with in the coming months. today we learn democrats are going to make the battle to raise the minimum wage central to the 2014 election. and why shouldn't they? it's a winning proposal for millions of americans struggling to get by and it's a winner politically too. 91% of democrats support raising the minimum wage. so do 76% of independents. and yes, even 58% of republicans support it. but what about gop lawmakers? >> i don't think raising minimum wage doesn't actually accomplish those goals. >> a lot of people who are being paid the minimum wage are being paid that because they come to the workforce with no skills. >> easy for you to say, speaker boehner. he's worth as much as $5.5 mil
and building an economy where everybody if you work hard, you can get ahead. i didn't run for president to go back to where we were. i want us to go forward. i want us to go towards the future. i want us to get to where we need to be. >> the fight for economic fairness has been at the heart of the obama presidency. and it's an issue that he and democrats plan to hammer the gop with in the coming months. today we learn democrats are going to make the battle to raise the minimum wage...
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Oct 3, 2013
10/13
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and that would give this economy some torque. mr. obama sometimes plays lip service to it, i hope he is serious, and the economy needs to grow much, much faster. >> you and and i are on the same page. we'll be right back with click three. [ female announcer ] when it comes to your smile, the coffee you drink adds up over the years... causing deep, set-in stains. crest 3d white whitestrips go beyond where most toothpastes can reach, safely removing stains below the enamel surface to whiten as well as a $500 treatment. crest 3d white whitestrips. ♪ ♪ ♪ [ male announcer ] build anything with the new toyota tundra. toyota. let's go places. and you're not very proud of that. but tonight he made pizza... ...with johnsonville italian sausage. and everybody loved it. and you're definitely proud of that. johnsonville. served with pride since 1945. but with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male announcer ] advair is clinically proven to help significantly improve lung function. unlike m
and that would give this economy some torque. mr. obama sometimes plays lip service to it, i hope he is serious, and the economy needs to grow much, much faster. >> you and and i are on the same page. we'll be right back with click three. [ female announcer ] when it comes to your smile, the coffee you drink adds up over the years... causing deep, set-in stains. crest 3d white whitestrips go beyond where most toothpastes can reach, safely removing stains below the enamel surface to whiten...
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Oct 12, 2013
10/13
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smart about trying to diversify the economy. definitely things he's done well and not a state it's not a statt he has a certain hugh brus that grew with time. decreased. and as he pursued certainly the term limit change in '08 was the breakpoint, that ended some of the faith that people had in his independence and reformism and the things that they actually liked about him. and before that, here's a really, really wealthy guy but he means well and he's using it as a vehicle of independence in public policy. after that it seemed a lot more self-serving. and i think that affected the lead up to the election and it framed the discussion about whether government was going to respond to people or respond to some other dynamic. >> two quick questions. bloomberg wants you to have a world class transition. what does that mean to you? >> i think he's been very fair on this point. the people haven't spoken, we have a lot to do. but his signals have been right. >> and as the former city councilman from brooklyn, are you moving to gracie ma
smart about trying to diversify the economy. definitely things he's done well and not a state it's not a statt he has a certain hugh brus that grew with time. decreased. and as he pursued certainly the term limit change in '08 was the breakpoint, that ended some of the faith that people had in his independence and reformism and the things that they actually liked about him. and before that, here's a really, really wealthy guy but he means well and he's using it as a vehicle of independence in...
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Sep 30, 2013
09/13
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this law is costing jobs and stifling our economy and it's not good for america. i ran on it and i feel like my mandate was to come up here to fight, to mitigate the damage that this law is going to do to our economy, to our country and working people. >> and i respect that, but you fight and you put up a law and you change the law. you do not defund the law that has already been passed, that you cannot change the law in the senate. what you're doing is holding something hostage. that is not what you're elected to do that you're really saying it's my way or i'm going to make people suffer. 800,000 federal employees can suffer. let me ask you a question that a lot of people that may lose or be furloughed tonight are asking. ted cruz was asked this question about would he give up his paycheck while you're risking others on what you claim you have a mandate to do. let me show you what ted cruz said. >> if outside of your control against your wishes government shut down, will you give up on the questioner's point, your government paycheck? >> i will confess it is a qu
this law is costing jobs and stifling our economy and it's not good for america. i ran on it and i feel like my mandate was to come up here to fight, to mitigate the damage that this law is going to do to our economy, to our country and working people. >> and i respect that, but you fight and you put up a law and you change the law. you do not defund the law that has already been passed, that you cannot change the law in the senate. what you're doing is holding something hostage. that is...
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Nov 4, 2013
11/13
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will the economy turn voters against dems? will the president's approval number stay in the 40s? history shows, midterm house elections are almost always bad for the party in power. partly because of who shows up for midterms. diehards. the 2012 electoral turnout was 58% for 2010 it was 41%. retirements are often a key to gains, but all nine retirements for 2014 are in ruby red districts seven points more republican than the national average. as for money, the rnc has outraised the dnc 61 million to $49 million and conservative million airs are going to funnel enough money to make sure incumbent republicans have all they need. dems play that game too. but republicans so far are far better at it. the mountain for dems is everest high. dems would have to hold all lean seats and win all vulnerable lean republican races. the odds of a dem house are slim, people. and it's that extraordinary difficulty of turning the house blue in a world where 80% are in safe districts. that's why we get extreme tactics that threaten to undermine the activity of the democratic process. republicans kno
will the economy turn voters against dems? will the president's approval number stay in the 40s? history shows, midterm house elections are almost always bad for the party in power. partly because of who shows up for midterms. diehards. the 2012 electoral turnout was 58% for 2010 it was 41%. retirements are often a key to gains, but all nine retirements for 2014 are in ruby red districts seven points more republican than the national average. as for money, the rnc has outraised the dnc 61...
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Oct 4, 2013
10/13
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the economy is growing slowly and you could say it stalls out. obviously the key is the debt limit that has the increase. >> normally i'm talking about the jobs picture at this point in time. we have the huge and big news on manufacturing. we hadn't seen this in quite sometime as far as the increase there. how quickly does this thing get turned upside down if the debt limit and shut down merge together into one large crisis? >> i think if we briefed the debt limit everything will go down pretty fast. the government spending will be so significant in every part of the economy including manufacturing because defense is a key part of the recovery. financial markets will see a recession and there is no obvious response from policy makers. what good is that going to do? by definition they won't be doing anything. they have to raise the debt limit. the shut down of the government, after three or four weeks it becomes an issue. i don't think there is give on the debt limit. >> instant crisis. >> in my mind. it will be a complete deadline if we don't do
the economy is growing slowly and you could say it stalls out. obviously the key is the debt limit that has the increase. >> normally i'm talking about the jobs picture at this point in time. we have the huge and big news on manufacturing. we hadn't seen this in quite sometime as far as the increase there. how quickly does this thing get turned upside down if the debt limit and shut down merge together into one large crisis? >> i think if we briefed the debt limit everything will go...
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Jan 20, 2013
01/13
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a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then, of course, probably the most important that he will take about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." senior adviser to obama in 2012, the re-election campaign, david axelrod. chief foreign correspondent richard engel is here, safe and sound in studio. richard, it's great to see you in person this morning. >> thank you. >> "new york times" best-selling author of lincoln biography "team of rivals" doris kearns goodwin in between awards shows has joined us. and nbc news special correspondent tom brokaw. welcome to all of you. tom, that's where we tee it up. the president, as he begins a second term, very difficult climate in washington and very real expectations. >> yes. and i was looking at those top three priorities for the american people. and they all fit into his single most difficult task, it seems to me, b
a lot of them have to do with the economy. fix the economy. create jobs. then there's stop spending. and then, of course, probably the most important that he will take about tomorrow, compromise, work together. >> chuck todd, thank you very much. >>> let me bring in the rest of our roundtable here. joe scarborough is here from msnbc's "morning joe." senior adviser to obama in 2012, the re-election campaign, david axelrod. chief foreign correspondent richard engel is...
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Nov 13, 2013
11/13
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and if you want a growing economy, you want to be an opt-in state. because that reduces the cost of businesses that want to come to your state or your city and put people to work, which gives them more control of their own lives and their own destiny. >> i'm going to have to hold it there, karen, the mayor one of the best notice country. thank you for your time tonight. and be sure to watch disrupt with karen fin eye weekends at 4:00 eastern, right here on msnbc. >>> coming up, the gop's ugly war on the poor could get worse. the inside memo on reckless dysfunction and obstruction is next. >>> and look out, speaker boehner, a tea party group is targeting traitors, and you're at the top of the list. >>> plus sarah palin is now going after the pope. yes, you heard that right. you won't believe what she's saying. >>> and friend or foe, i want to know. reply al is ahead. lily...she pretty much lives in her favorite princess dress. but once a week i let her play sheriff so i can wash it. i use tide to get out those week old stains and downy to get it fresh
and if you want a growing economy, you want to be an opt-in state. because that reduces the cost of businesses that want to come to your state or your city and put people to work, which gives them more control of their own lives and their own destiny. >> i'm going to have to hold it there, karen, the mayor one of the best notice country. thank you for your time tonight. and be sure to watch disrupt with karen fin eye weekends at 4:00 eastern, right here on msnbc. >>> coming up,...
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Feb 3, 2013
02/13
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economy or is it capitalism? but the last also is voe takes a va additional view of investment which is we're simply building capital to meet the demands of consumers as opposed to what we're doing in our economy which is pouring money into innovation. you don't need demand to fund innovation. if you really part through the numbers and recalculate investment to include innovation, which is largely salaried and appears as the intermediate cause of product, not as investment in and of itself, you see we've had a very high rise in investment and we'll have a more volatile economy but all the indications are consistent with that higher productivity, fast her growth, more employment. >> you know, i think that joe's point is well taken. and i think the fourth reason says you talk about inequality in your "new york times" article. the one that is most compelling to me is the issue about investing in education. our participation in education is about the future. and what we've seen with much of higher education is that f
economy or is it capitalism? but the last also is voe takes a va additional view of investment which is we're simply building capital to meet the demands of consumers as opposed to what we're doing in our economy which is pouring money into innovation. you don't need demand to fund innovation. if you really part through the numbers and recalculate investment to include innovation, which is largely salaried and appears as the intermediate cause of product, not as investment in and of itself, you...
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Oct 2, 2013
10/13
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economy added last month. we'll have those numbers. and u.n. inspectors starting their work to get rid of syria's chemical weapons. we'll get a live report. woman: everyone in the nicu -- all the nurses wanted to watch him when he was there 118 days. everything that you thought was important to you changes in light of having a child that needs you every moment. i wouldn't trade him for the world. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. if you're caring for a child with special needs, our innovative special care program offers strategies that can help. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by united
economy added last month. we'll have those numbers. and u.n. inspectors starting their work to get rid of syria's chemical weapons. we'll get a live report. woman: everyone in the nicu -- all the nurses wanted to watch him when he was there 118 days. everything that you thought was important to you changes in light of having a child that needs you every moment. i wouldn't trade him for the world. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and...
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Jan 31, 2013
01/13
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it's a new look at the global trends shaping our climate and our economy. i sat down with fwor gore yesterday to talk about his predictions and his controversial recent business deal with al jazeera. >> in your book you write the good news is we do have the capacity to again to solving the climate crisis if we awaken to the reality of our circumstances and decide that saving the future of human civilization is a priority. do we still have time? >> yes. some of the changes will continue to unfold for a long time, but the worst of it can still be avoided, but we do need to act quickly. we're putting an extra 90 million tons of heat-trapping pollution into the atmosphere every day as if it's an open sewer, and that's why we're getting these incredible downpours and flooding events. superstorm sandy was only one of the climate related disasters last year here. we had $110 billion worth of climate disasters last we're. >> how do we deal with these profound changes that we're already experiencing, and if we even took on this challenge here in the united states, s
it's a new look at the global trends shaping our climate and our economy. i sat down with fwor gore yesterday to talk about his predictions and his controversial recent business deal with al jazeera. >> in your book you write the good news is we do have the capacity to again to solving the climate crisis if we awaken to the reality of our circumstances and decide that saving the future of human civilization is a priority. do we still have time? >> yes. some of the changes will...
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Nov 7, 2013
11/13
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is a symptom that your economy is growing too slowly. exhibit one would be europe where recession has been the norm for the past couple wers. >> couple of years, jared. we're talking about five years. we're talking about a continent that has employed virtually the ryan budget word for word. >> right. >> we have seen repeat double dip, in some cases triple dip recessions, and now the fear of deflation. >> that's my point. that, in fact, europe was hit by the same downturn we were in the late 2000s, but because they embraced these austerity measures, many countries in the eurozone in general went back into recession where they've been for the past couple of years. now they're looking at the threat of deflation. and by the way, to be very clear with our listeners, what austerity means is that as your economy, particularly your private sector, is weakening, instead of trying to replace some of that lost demand with government spending, you go the other way. you actually decrease your government support of the economy while the private sector
is a symptom that your economy is growing too slowly. exhibit one would be europe where recession has been the norm for the past couple wers. >> couple of years, jared. we're talking about five years. we're talking about a continent that has employed virtually the ryan budget word for word. >> right. >> we have seen repeat double dip, in some cases triple dip recessions, and now the fear of deflation. >> that's my point. that, in fact, europe was hit by the same downturn...
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Nov 8, 2013
11/13
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our economy should be cranking along. if we opened up the pipeline and put a flat tax and repatriate foreign made money at a reasonable tax rate, the american economy would take off, yet this president is so sboent th intent on this experimentation, no one trusts washington to put policies into place that allow the predictability of what's going to happen six months or even maybe next month. >> let me ask you this about statistics in the state of texas and ask you what you think the government should do to fix this. in texas, you rank 50th out of 50 among the number of uninsured residents. the high school graduation rate is 49th out of 50. i ask you, is that sustainable for the state of texas. you have this great economic boom and on the cover of "time" magazine, but the stativity beings, does it at some point drag texas down. do you worry about that? >> two things. number one, texas is a conservative state. it is a state that has made the decision internally that they are going to have less of the type of big government
our economy should be cranking along. if we opened up the pipeline and put a flat tax and repatriate foreign made money at a reasonable tax rate, the american economy would take off, yet this president is so sboent th intent on this experimentation, no one trusts washington to put policies into place that allow the predictability of what's going to happen six months or even maybe next month. >> let me ask you this about statistics in the state of texas and ask you what you think the...
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Oct 1, 2013
10/13
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. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ >>> the latest a few minutes from the first government shutdown in 17 years. we have from omb, a directive issued to all of the federal agencies, unfortunately we do not have a clear indication that congress will act in time for the president to sign a continuing resolution before the end of the day tomorrow, october 1st. therefore, agencies should execute plans for an orderly shutdown due to absence of appropriations. joining me is congressman kill di. i don't believe you have been through one of these before. what do you think of what happened snont. >> i'm frustrated, sad and angry. we have a small number of members of the republican conference that decided that democracy needs to be suspended, rather than bringing what is a very reason able and we think conservative cr to the floor. one that we know would pass. they have decided to use these tactics. >> you say you know it would pass. do you know that for a fact. ? were votes counted by leader pelosi
. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ >>> the latest a few minutes from the first government shutdown in 17 years. we have from omb, a directive issued to all of the federal agencies, unfortunately we do not have a clear indication that congress will act in time for the president to sign a continuing resolution before the end of the day tomorrow, october 1st. therefore, agencies should...
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Nov 8, 2013
11/13
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economy. jobs topped his agenda today. he spoke to a crowd in new orleans just a short time ago. >> our businesses are resilient. we've got great workers, and so as a consequence, we added about 200,000 new jobs last month. but there's no question that the shutdown harmed our jobs market. the unemployment rate still ticked up. and we don't yet know all the data for the final quarter of the year, but it could be down, because of what happened in washington. now, that makes no sense. these self-inflicted wounds don't have to happen. they should not happen again. we should not be injuring yourself every few months. we should be investing in ourselves. we should be building, not tearing things down. rather than refighting the same old battles again and again and again, we should be fight to go make sure everybody who works hard in america and hard here in new orleans, they have a chance to get ahead. that's what we should be focused on. >> my fellow americans, it's clear the conservative talk tank is running low on fuel. and i
economy. jobs topped his agenda today. he spoke to a crowd in new orleans just a short time ago. >> our businesses are resilient. we've got great workers, and so as a consequence, we added about 200,000 new jobs last month. but there's no question that the shutdown harmed our jobs market. the unemployment rate still ticked up. and we don't yet know all the data for the final quarter of the year, but it could be down, because of what happened in washington. now, that makes no sense. these...
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Oct 2, 2013
10/13
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but the world economy over this is stunning. >> well, the democrats have been staying on message. they're united, they're staying on message. part of that message was voiced this morning by kristen gillibrand this morning. >> this is a fight right now between republicans. it's between common sense republicans who want to do their jobs and those who just want to say no, it's my way or the highway. it's not how government works. it's not how our constitution as designed. >> thomas friedman wrote today that what's at stake is nothing less than the principle america was founded on, majority rule. so i guess the question is how does the majority get the rule back? is it just waiting it out? >> yeah, that's a really, really good question. i think gillibrand is bright, there's fighting between one party. that's the delay. the pressure has to be in that spot. that is what's going to change everything here. i think, you know, for boehner to come at this and show photos of republican men sitting in a board room saying nobody is here to negotiate with us while the democrats surround themselv
but the world economy over this is stunning. >> well, the democrats have been staying on message. they're united, they're staying on message. part of that message was voiced this morning by kristen gillibrand this morning. >> this is a fight right now between republicans. it's between common sense republicans who want to do their jobs and those who just want to say no, it's my way or the highway. it's not how government works. it's not how our constitution as designed. >>...
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Nov 1, 2013
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overshadowed some major stories on two of the president's top priorities, national security and the economy. a new report from the treasury department shows that the federal government's deficit is the smallest it has been since 2008 before the president took office. the 2013 fiscal deficit stands at $680 billion or 4.1% of gross domestic product. 680 billion is about 51% less than it was in 2009 when the deficit hit a record high of 1.4 trillion. in other news, syria has met a major deadline in the process of getting rid of its chemical weapons of mass destruction. the organization for the prohibition of chemical weapons says syria completed the functional destruction of critical equipment for all of its declared chemical weapons product facilities and fixing/filling plants rendering them inoperable. they said the remaining two sites were too dangerous to reach for inspection but chemical equipment had already been moved to other sites that experts visited. the next target date is november 15th when inspectors and syria must agree to a detailed plan of destruction including how and where t
overshadowed some major stories on two of the president's top priorities, national security and the economy. a new report from the treasury department shows that the federal government's deficit is the smallest it has been since 2008 before the president took office. the 2013 fiscal deficit stands at $680 billion or 4.1% of gross domestic product. 680 billion is about 51% less than it was in 2009 when the deficit hit a record high of 1.4 trillion. in other news, syria has met a major deadline...
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Oct 13, 2013
10/13
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last time in 2011 when we came even just up to the brink of this it cost millions of dollars in our economy. it cost us our rating because of a lack of confidence. what do you see happening this week with regard to the markets, in terms of their reaction? >> well, so far the market reaction has been really minuscule. we saw on friday when the market thought there was a deal, that the market rose almost 2% across the board. but it hasn't yet done the kind of reaction that we saw in 2011 and also that we saw after the t.a.r.p. vote when it first was voted down where the market dropped 800 points, 1,000 points. that's what could be the other shoe to drop this week. now, the bond market is closed tomorrow. the stock market is open. so i don't expect this to happen tomorrow. i do expect it to happen, though, on tuesday or wednesday or thursday if we still don't have a deal. i think -- i think the market is really starting to wake up to this. they had been saying wake us up when this is over. because they really did expect a deal by now. now that it's getting down to the last three, four days, th
last time in 2011 when we came even just up to the brink of this it cost millions of dollars in our economy. it cost us our rating because of a lack of confidence. what do you see happening this week with regard to the markets, in terms of their reaction? >> well, so far the market reaction has been really minuscule. we saw on friday when the market thought there was a deal, that the market rose almost 2% across the board. but it hasn't yet done the kind of reaction that we saw in 2011...
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Nov 11, 2013
11/13
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they want to fix their economy. they want an end to the sanctions. they want to get reintegrated into the global architecture. kerry is the man to help make this happen. you can see how long they spend doing this. the foreign ministers of these seven nations spent from 8:00 a.m. until 1:00 a.m. the following morning working on this. we've never seen this kind of involvement of honest exchange. we made more progress with iran in the last three days than we have in the last three decades. that's why i'm looking at the underlying dynamics. this is going for a deal. all the nations were in agreement with the exception of france. france's considerations were put into the new draft of the deal. iran wasn't ready for that. they have to go back for strucks. this is going to happen. i think they are going to recon seen -- reconvene november 20th. we'll see a deal completed there or very, very close. we have to be patient with the diplomacy but this is the direction we're going on. >> you know, bill, we talk about the president and what he might get done in th
they want to fix their economy. they want an end to the sanctions. they want to get reintegrated into the global architecture. kerry is the man to help make this happen. you can see how long they spend doing this. the foreign ministers of these seven nations spent from 8:00 a.m. until 1:00 a.m. the following morning working on this. we've never seen this kind of involvement of honest exchange. we made more progress with iran in the last three days than we have in the last three decades. that's...
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Oct 2, 2013
10/13
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i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. i save time, money,st, and i avoid frustration. you'll find reviews on home repair to healthcare, written by people just like you. find out why more than two million members count on angie's list. angie's list -- reviews you can trust. you see the gray. try root touch-up by nice 'n easy. just brush our permanent color matching creme right where you need it. then rinse. in ten minutes zap those grays and get on with your day. nice 'n easy root touch-up. ♪ ♪ ♪ [ male announcer ] build anything with the new toyota tundra. toyota. let's go places. [ crashing ] [ male announcer ] when your favorite food starts a fight, fight back fast with tums. heartburn relief that neutralizes acid on contact and goes to work in seconds. ♪ tum, tum tum tum tums! >>> march 23, 201
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. i save time, money,st, and i avoid frustration. you'll find reviews on home repair to healthcare, written by people just like you. find out why more than two million members count on angie's list. angie's...
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Nov 9, 2013
11/13
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the president is turning his focus to the economy. he used the louisiana port in new orleans as a backdrop to promote his plan to invest billions of dollars into u.s. infrastructure and to bolster american exports. >> let's make it easier for more businesses to expand and grow and sell more goods made in america to the rest of the world. let's make sure we've got the best ports and roads and bridges and schools. let's make sure our young people are getting a great education. let's give everybody a chance to get ahead. not just a few at the top, but everybody. >> and during a democratic fund raiser in miami last night, he said the u.s. must continue updating its policies toward cuba. administration has engaged in recent discussions about immigration and relaxed travel rules for cuban-americans. what are the chances the white house would even think of delaying the individual mandate? that's next. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we l
the president is turning his focus to the economy. he used the louisiana port in new orleans as a backdrop to promote his plan to invest billions of dollars into u.s. infrastructure and to bolster american exports. >> let's make it easier for more businesses to expand and grow and sell more goods made in america to the rest of the world. let's make sure we've got the best ports and roads and bridges and schools. let's make sure our young people are getting a great education. let's give...
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Oct 1, 2013
10/13
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could talk about the next election and the one after that, but this is as bad for republicans on the economy, on debt and deficits, as it was for democrats when you look back at the vietnam era. republicans are looking at the same thing right now, and at the moment they're saying this is not just a vacation. we're cutting spending. they are increasing the cost by closing down the government at this point. everybody knows that in washington. they're pretending somehow they're safing money. >> 69% say republicans in congress are acting like spoiled children. >> that's what they call hurting the brand. in what sense is that a party ready for government. that's why every serious cont d contender in 2016 is saying that's enough. let's get to work. >> no one wants spoiled children running the government. >> it's not a great bumper sticker. >> and it's not a good way for the brand as you said. richard wolffe, thanks for your time tonight. >> thanks. >>> still ahead, open for business. obama care is here. it's working, and it's driving republicans crazy. we'll debug the gop's new myth about the law.
could talk about the next election and the one after that, but this is as bad for republicans on the economy, on debt and deficits, as it was for democrats when you look back at the vietnam era. republicans are looking at the same thing right now, and at the moment they're saying this is not just a vacation. we're cutting spending. they are increasing the cost by closing down the government at this point. everybody knows that in washington. they're pretending somehow they're safing money....
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Nov 12, 2013
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the biggest issue with the economy and middle class voters. minimum wage is the perfect issue to run on for democrats. you take polls about minimum wage, 58% of republicans are for minimum wage, the ballot initiative cleared new jersey by a huge margin. i think that's going to be a sleeper issue for any democrat should run on that. i think republicans are going to need to find a policy that speaks to the middle class and speaks to inequality. >> whatever that may be. >> just find one. right now it's rolling back -- aca is the only economic policy of the party and that's not going to fly. >> kacey, i have to say, if hillary clinton decides to embrace, wrap her arms on income equality, some on the left would say bill clinton didn't have a progressive monetary policy. aides lot of things that angered democrats, vis-a-vis the social safety net. it could be tricky for her in terms of the clinton record and where the country is now. >> that's certainly the case. the contacts hillary would be coming into, different when bill clinton was elected. comi
the biggest issue with the economy and middle class voters. minimum wage is the perfect issue to run on for democrats. you take polls about minimum wage, 58% of republicans are for minimum wage, the ballot initiative cleared new jersey by a huge margin. i think that's going to be a sleeper issue for any democrat should run on that. i think republicans are going to need to find a policy that speaks to the middle class and speaks to inequality. >> whatever that may be. >> just find...
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Jan 10, 2013
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thanks in large part to his steady hand, our economy has been growing again for the past three years. our businesses have created nearly six million new jobs. the money that we spent to save the financial system has largely been paid back. we put in place rules to prevent that kind of financial meltdown from ever happening again. an auto industry was saved. we made sure taxpayers are not on the hook if the biggest firms fail again. we've taken steps to help underwater homeowners come up for air and open new markets to sell american goods overseas. and we've begun to reduce our deficit through a balanced mix of spending cuts and reforms to a tax code that at the time that we both came in was too skewed in favor of the wealthy at the expense of middle class americans. so when the history books are written, tim geithner is going to go down as one of our finest secretaries of the treasury. [ applause ] >> don't embarrass him. on a personal note, tim has been a wonderful friend and a dependable advisor throughout these last four years. there's an unofficial saying over at treasury. no peac
thanks in large part to his steady hand, our economy has been growing again for the past three years. our businesses have created nearly six million new jobs. the money that we spent to save the financial system has largely been paid back. we put in place rules to prevent that kind of financial meltdown from ever happening again. an auto industry was saved. we made sure taxpayers are not on the hook if the biggest firms fail again. we've taken steps to help underwater homeowners come up for air...
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Oct 4, 2013
10/13
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what you get is the economy not stalling but continuing to grow. what you get are workers continuing to be hired. that's what you get! that's what you should be asking for! take a vote, stop this farce, and end the shutdown right now. if you are working here and ended up that you stopped and said, you know what i want to get something, but i don't know -- i don't know exactly what i am going to get. i am going to stop working until i get something. i'm going to shuttle down the whole plant until i get something. >> you'd get fired! >> you'd get fired! >> joining me now, david axelrod, and dave schmidt, both are msnbc political analysts. thank you for joining us. a similar question for both of you. what advice, steve, would you give to speaker boehner at this moment in time? >> look, i think what speaker boehner today did is very, very important. this was an important signal. the first time that he has gone out and been reported that he said we will not default with, with certainty. to republican house members. and we need that certainty around this
what you get is the economy not stalling but continuing to grow. what you get are workers continuing to be hired. that's what you get! that's what you should be asking for! take a vote, stop this farce, and end the shutdown right now. if you are working here and ended up that you stopped and said, you know what i want to get something, but i don't know -- i don't know exactly what i am going to get. i am going to stop working until i get something. i'm going to shuttle down the whole plant...
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Nov 14, 2013
11/13
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his speech this hour is supposed to focus on jobs and the economy. given what he said this morning, it's a good bet his so-called obama care fix will also make it in. >> i completely get how upsetting this can be for a lot of americans, particularly after assurances they heard from me that if they had a plan they liked they could keep it. to those americans, i hear you loud and clear. i said that i would do everything we can to fix this problem. today i'm offering an idea that will help do it. the bottom line is insurers can extend current plans that would otherwise be canceled into 2014 and americans whose plans had been canceled can change to re-enroll in the same kind of plan. >> we start with nbc's peter alexander, who is outside the white house. peter, how is this thing going to work? >> that's a good question. a lot of people are asking that question today. in the last 15 minutes or so, we're hearing for the first time from state insurance commissioners. they put out a statement that said simply, it is unclear how as a practical matter the chan
his speech this hour is supposed to focus on jobs and the economy. given what he said this morning, it's a good bet his so-called obama care fix will also make it in. >> i completely get how upsetting this can be for a lot of americans, particularly after assurances they heard from me that if they had a plan they liked they could keep it. to those americans, i hear you loud and clear. i said that i would do everything we can to fix this problem. today i'm offering an idea that will help...
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Nov 15, 2013
11/13
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debate if somebody like michael would say, listen, i speak for the restaurant industry, a sector of the economy that doesn't want to raise the minimum wage. >> you do not speak for entry-level employees. >> increase the minimum wage -- >> you may speak for a lot -- >> absolutely. >> michael, you may speak for a lot of people, but you don't speak for minimum wage employees. >> michael saltsman from the economic policy institute -- >> from the employment policies institute. >> that's why it's clever you named it what you did. thank you michael. we'll be right back. savings on the table by not choosing the right medicare d plan. no one could have left this much money here. whoo-hoo-hoo! yet many seniors who compare medicare d plans realize they can save hundreds of dollars. cvs/pharmacy wants to help you save on medicare expenses. talk to your cvs pharmacist, call, or go to cvs.com/compare to get your free, personalized plan comparison today. call, go online, or visit your local store today. congestion, for the smog. but there are a lot of people that do ride the bus. and now that the buses are ru
debate if somebody like michael would say, listen, i speak for the restaurant industry, a sector of the economy that doesn't want to raise the minimum wage. >> you do not speak for entry-level employees. >> increase the minimum wage -- >> you may speak for a lot -- >> absolutely. >> michael, you may speak for a lot of people, but you don't speak for minimum wage employees. >> michael saltsman from the economic policy institute -- >> from the employment...
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Jan 29, 2013
01/13
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blaming the president for the economy. now we see that his policies have actually worked but they are moving us forward, that we are coming out of this slump. so it takes away a lot of that ammunition as well. >> now, abby, we see that even a gallup poll says americans are feeling more positive about the economy, more positive than they have since january of 2008. yet the gop came out from the beginning slamming the president's handling of the economy. listen to this. >> this president tried, but he didn't understand what it takes to make our economy work. >> we have a president who believes in a european socialist model. >> we got a president living at 1600 pennsylvania avenue that just doesn't understand our economy. >> this might be the last election to turn the nation around before we go down the road to socialism. president obama and his socialist policies must be stopped. >> so the gop's slamming the president hard. they were supposed to be the gop fix-it party on the economy. your father was ridiculed by the far rig
blaming the president for the economy. now we see that his policies have actually worked but they are moving us forward, that we are coming out of this slump. so it takes away a lot of that ammunition as well. >> now, abby, we see that even a gallup poll says americans are feeling more positive about the economy, more positive than they have since january of 2008. yet the gop came out from the beginning slamming the president's handling of the economy. listen to this. >> this...
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Jan 18, 2013
01/13
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number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal with spending, for instance. do they sort of wait him out and hope for a positive result in 2014 and use whatever leverage over the del ceiling or whatever else but the public finds it so distasteful. the president too on issues like entitlement, i think it's really striking, will he seek to rise above how difficult it is that he doesn't feel he's got a negotiating partner to try to get something done on entitlements? if he wants robust economic growth he'll have to. we will have a debate over guns and the debt between ted cruz, fresh face, tea party face
number one fix the economy, create jobs. first two were that and the message to congress was almost unanimous. compromise together. >> yes. >> so we know where the public is. >> right. the public wants results and they want results in their jobs, in their lives. they want the government just to work better. and i think that is the big disconnect right now with washington because, you know, republicans are wondering how much leverage they have to force the president to deal...
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Nov 13, 2013
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. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ >>> the official death toll in the philippines t. 1,174. authorities believe that will increase, the city now need water, medical assistance. the airport is destroyed. the runway ties short for most jets. u.s. marines are on site delivering aid and more u.s. ships are heading to the region. aid organizations are asking for your help. the contact information for the red cross, americares, unicef, safe the children is on the screen now. [ male announcer ] in your lifetime, you will lose three sets of keys, four cell phones, seven socks, and six weeks of sleep. but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twice as likely to lose your supporting teeth. poligrip and polident for partials seal and protect helps minimize stress, which may damage supporting teeth by stabilizing your partial. and clean and protect kills odor-causing bacteria. care for your partial. help protect your natural teeth. care for your par
. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ >>> the official death toll in the philippines t. 1,174. authorities believe that will increase, the city now need water, medical assistance. the airport is destroyed. the runway ties short for most jets. u.s. marines are on site delivering aid and more u.s. ships are heading to the region. aid organizations are asking for your help. the contact...
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Nov 6, 2013
11/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ dings ] ♪ [ male announcer ] every thought... every movement... ♪ ...carefully planned, coordinated and synchronized. ♪ performing together with a single, united purpose. ♪ that's what makes the world's leading airline... flyer friendly. ♪ >>> welcome back to "hardball." we continue to watch, of course, the governor's race in virginia where it's too early to call between democrat terry mcauliffe and republican ken cuccinelli. but mcauliffe has the lead. despite the early numbers we're seeing right now. anyway, polls close in the other big governors race tonight in new jersey. it's 8:00 p.m. eastern as the closing time. and the incumbent there chris christie is looking to rack up a big win as a spring board t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ dings ] ♪ [ male announcer ] every thought... every movement... ♪ ...carefully planned, coordinated and synchronized. ♪ performing together with a...
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Jan 29, 2013
01/13
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you'll help us grow our economy. you'll help us strengthen our middle class. so that's what comprehensive immigration reform looks like. smarter enforcement. a pathway to earned citizenship. improvements in the legal immigration system so that we continue to be a magnet for the best and the brightest all around the world. pretty straightforward. the question now is simple. do we have the resolve as a people, as a country, as a government to finally put this issue behind us? i believe that we do. i believe that we do. i believe we are finally in a moment where comprehensive immigration reform is within our grasp. but i promise you this. the closer we get, the more emotional this debate is going to become. immigration's always been an issue that enflames passions. that's not surprising. you know? there are few thing that is are more important to us as a society than who gets to come here and call our country home. who gets the privilege of becoming a citizen of the united states of america. that's a big deal. when we talk about that in the abstract, it's easy so
you'll help us grow our economy. you'll help us strengthen our middle class. so that's what comprehensive immigration reform looks like. smarter enforcement. a pathway to earned citizenship. improvements in the legal immigration system so that we continue to be a magnet for the best and the brightest all around the world. pretty straightforward. the question now is simple. do we have the resolve as a people, as a country, as a government to finally put this issue behind us? i believe that we...
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May 19, 2013
05/13
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that would help the economy, actually. >> scott, is that a possibility. i like the idea of imagining the milien he wills in their own movement that deeply impacts them and also have enormous possibilities on -- >> student loan debt is a clear and present danger to the american economy. we did original research at one wisconsin now. what we found was that if you have a student loan debt, you are two-thirds more likely to own a used car as opposed to a new car. you are two-thirds more likely to be a renter than a homeowner. you are paying an average in wisconsin for four years of 18.7 years. that's all monday that i could be flooded into the economy to help these people achieve their dreams and we have to do something systematic. the most important thing to tell people is it ain't the borrower's faults. >> this is so important. buying the new car isn't about being floss i, don't you want a new car. i'm sorry, i'm from the '70s. it's not that. the idea is that if you buy the new car, you contribute to the economy. if you are a homeowner, there's all these ow
that would help the economy, actually. >> scott, is that a possibility. i like the idea of imagining the milien he wills in their own movement that deeply impacts them and also have enormous possibilities on -- >> student loan debt is a clear and present danger to the american economy. we did original research at one wisconsin now. what we found was that if you have a student loan debt, you are two-thirds more likely to own a used car as opposed to a new car. you are two-thirds more...
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Jan 11, 2013
01/13
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real money for tough economy. >> put on your suze orman hit. should employees adjust, file new w-4 forms to adjust the with holdings to make up this money? >> you can if you want to or adjust your lifestyle a little bit. now you're talking about not huge amounts of money here but lifestyle choices that we make in terms of discretionary income, lattes that you buy and trips you take and things you go to the store for. all of those little things add up. with this hit coming from most people's payroll, they want to pay attention to what they are spending and find ways to carve out little bits and pieces of savings throughout the month. >> great to see you, sir. >> thanks for having me. >> new york city subway riders get a taste of it every day. for those who don't know, there's never really a dull moment when you're underground from the teen who licked a hand railing for a dollar, to the woman who threw spaghetti in the face of another commuter. this week, video of a man who belted out queen's bohemian rhapsody. take a look. ♪ >> no one turned t
real money for tough economy. >> put on your suze orman hit. should employees adjust, file new w-4 forms to adjust the with holdings to make up this money? >> you can if you want to or adjust your lifestyle a little bit. now you're talking about not huge amounts of money here but lifestyle choices that we make in terms of discretionary income, lattes that you buy and trips you take and things you go to the store for. all of those little things add up. with this hit coming from most...
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Jan 17, 2013
01/13
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the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the struggling economy is taking a toll on families. median household income, lower than it was in 2009. 46% millions live below the poverty line. more than four years ago. the federal public debt has increased from $10.6 trillion in january 2009 to $16.4 trillion now. there's the big number same as four years ago. the unemployment rate of 7.8%, though it's down from a high of 10% in october 2009. other figures of the last four years. number of u.s. troops in iraq, dropped from nearly 140,000 to 200. as the president fulfilled the promise to end that w
the economy's growing instead of contracting. in the first quarter of 2009, the gdp contracted and grew 3.1% when measured last. now, though it remains where it was before the great recession, consumer confidence has nearly doubled and a larger percentage of americans, 41% according to our last poll, believe the country's heading in the right direction, up 26% in january 2009. on the other hand, there's other data to support the idea that the country is not much better off and that the...
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Oct 8, 2013
10/13
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it's irresponsible, it's jeopardizing our economy. the votes are there. there's enough republicans and democrats that would vote yes on a clean spending resolution and we could sit down and have a discussion over the appropriate level of spending, over what we should do to iron out the kinks in obama care as we move forward. at the end of the day republicans have to accept two things. we have to pay our bills. we have to keep the government functioning and we have to make sure that everybody can have access to quality, affordable health care. >> congresswoman, thanks very much. you've got to go and vote. >> thanks. >> congressman dent joins me. thanks very much. you are one of those trying to find a way out of the mess. if the votes are there, how do we get it to the floor. >> i do support a clean continuing resolution. i believe we need to get the government funding. i along with ron kind have offered legislation to break the logjam. we said simply fund the government at six months at the republican number $986 million, repeal medical device tax and pay
it's irresponsible, it's jeopardizing our economy. the votes are there. there's enough republicans and democrats that would vote yes on a clean spending resolution and we could sit down and have a discussion over the appropriate level of spending, over what we should do to iron out the kinks in obama care as we move forward. at the end of the day republicans have to accept two things. we have to pay our bills. we have to keep the government functioning and we have to make sure that everybody...
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Jan 19, 2013
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>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already frangie recovery is irresponsible. and to suggest that we're not going to pay our bills or tie the debt that we have to pay to anything that the republicans want to extract out of president obama is irresponsible. >> yeah. the republican that i look to right now is john cornyn. what a reversal. this guy writes an op-ed in the hometown newspaper in houston and turns around and tells the editorial board something totally different. what does that say about their leadership? >> it says they are all over the map. it says they are basically a rudderless ship and it says that they really do
>> yeah. >> that this is what the economy needs, the certainty. three month sincere definitely not certainty. >> will democrats vote for this? will you get democratic votes on this when boehner brings this up? >> it will depend on what it looks like. this is really gimmicky, gimmicking garbage at the end of the day. the responsible thing to do is to pass a debt ceiling increase because we have to pay our bills. really leaving this uncertainty hanging over our already...
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Jan 9, 2013
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it's like you guys have a job to do and it's to lend to the productive economy. and we could have curbed they bonuses to just create fury among taxpayers. would be much better off. so i think that there's got to be a renewed interest in trying to take steps to break these banks down not just because of the size but because when they get this pick, there's not only a risk to the economy, but they don't do the job we need the financial system to do and that's to lend to the productive economy. >> and finally, richard, the fact wall street gives so much money to politicians, is there ever going to be a likelihood of the politicians taking action against the banks? >> the obama administration missed their opportunity. president obama told me that they just did not expect the banking sector to bounce back as quickly as it did. right they were. they were on their death bed and suddenly they had massive profitability. and the window closed before the white house and the pressutreas really understood it was there. that was a huge missed opportunity. it's not just what th
it's like you guys have a job to do and it's to lend to the productive economy. and we could have curbed they bonuses to just create fury among taxpayers. would be much better off. so i think that there's got to be a renewed interest in trying to take steps to break these banks down not just because of the size but because when they get this pick, there's not only a risk to the economy, but they don't do the job we need the financial system to do and that's to lend to the productive economy....
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Nov 9, 2013
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. >> it's good for our economy. it's good for our national security. it's good for our people. and weep shou should do it this? >> after alleysrallies around t country. they came on board with comprehensive immigration reform. this year the nation's 11 million undocumented immigrants. either way, while the battle over immigration reform plays out in washington, out inment rest -- out in the rest of the country out of the spotlight undocumented workers are fighting real batless to feted their families. why because without the protection of citizenship they're vulnerable to exploitation, like wage theft, people hiring them to do work and then not paying them, unsafe even deadly work conditions like denying water breaks to people working outside in the summer heat. the workers defense project in texas is leading the fight to change this. the "the new york times" calls them "one of the nation's most creative organizations for immigrant workers." under executive director christina sansoon, the group won victories, a federal investigation into work place safety, and a new law against
. >> it's good for our economy. it's good for our national security. it's good for our people. and weep shou should do it this? >> after alleysrallies around t country. they came on board with comprehensive immigration reform. this year the nation's 11 million undocumented immigrants. either way, while the battle over immigration reform plays out in washington, out inment rest -- out in the rest of the country out of the spotlight undocumented workers are fighting real batless to...
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Nov 4, 2013
11/13
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of the republican party that has shown again and again and again that they're willing to hijack the economy and the country and grind to a halt if they don't get 100% of what they want. now -- >> the extremists are hijacking the entire party and one year later they haven't learned anything. joining me now are joan walsh and cynthia tucker. thanks for joining me. >> good to be here, reverend. >> joan, the president talked about hijacking the country. a year later, they did not learn anything. >> it's been a lost year for the republican party. and we're really feeling it as we sit and watch what's going on in virginia. they've nominated somebody who is just a total extremist. they're blocking action on immigration reform, so they're doing nothing to appeal to latinos. they've really -- cuccinelli continues to insist that this is a referendum on obama care and rollout problems aside and we know we've seen those, we know that women love obama care. so not just abortion, not just all this rhetoric and action if he got elected on abortion is problematic for women, but obama care as well. obama ca
of the republican party that has shown again and again and again that they're willing to hijack the economy and the country and grind to a halt if they don't get 100% of what they want. now -- >> the extremists are hijacking the entire party and one year later they haven't learned anything. joining me now are joan walsh and cynthia tucker. thanks for joining me. >> good to be here, reverend. >> joan, the president talked about hijacking the country. a year later, they did not...
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Jan 28, 2013
01/13
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verifiable enforcement, but also provides a path to citizenship for those who are here and part of our economy. when you've got republicans senators who are willing to support this, it's time for house republicans to support it as well. >> fair and balanced. so has the immigration 8 done the work of the president? there's no need for that big policy speech tomorrow. >> i think we need both. remember, we need, you know, the support of the white house as well as the work in congress are going to be critical to making sure that the end result is legislation that remains fair and balanced. because as we know in the legislative process, all sorts of things can get changed and amendments and what have you. so i do think it's important that the president -- remember as the president talked about last year, it's important that outside groups engage in this process. it's also important to remember that, i think for the president to stay engaged, because he has done so much already on enforcement. so much money has already been spent on enforcement. so while, you know, that's the good part of the talkin
verifiable enforcement, but also provides a path to citizenship for those who are here and part of our economy. when you've got republicans senators who are willing to support this, it's time for house republicans to support it as well. >> fair and balanced. so has the immigration 8 done the work of the president? there's no need for that big policy speech tomorrow. >> i think we need both. remember, we need, you know, the support of the white house as well as the work in congress...
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Sep 30, 2013
09/13
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the economy is still struggling in its recovery. why do this? >> well, i think the republican and the conservative movement in this country often times will take a step back and view things from a generational standpoint. they know that if they allow obamacare to go through, if they don't exhaust every effort to try to stop this, even so far as to shutting down the government, that this is going to be the tide turning on them. they have to stop this. because once it gets going, it is going to be widely popular. martin, i think a year from now, you and i are going to be sitting here having a conversation talking about round two of health care, because this has been so popular and saved so many lives and changed so many lives. i think it's going to be that good. i think the republicans know that. they're exhausting every effort they possibly can to try to stop this. so i think from a generational standpoint, the republicans know they have to have this fight right now. the short-term loss is going to be how are they going to recover from this. how
the economy is still struggling in its recovery. why do this? >> well, i think the republican and the conservative movement in this country often times will take a step back and view things from a generational standpoint. they know that if they allow obamacare to go through, if they don't exhaust every effort to try to stop this, even so far as to shutting down the government, that this is going to be the tide turning on them. they have to stop this. because once it gets going, it is...
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Oct 28, 2013
10/13
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screw up the economy, kill public confidence, then say there's a lack of confidence and the economy's not growing as it could so i'm going to bring economic growth. >> chris, i think there's some validity to that based on the numbers. that same study you were talking about estimated that job growth was diminished by at least 60,000 jobs a month over the last few months. and that's going to continue on into next year. it's not like it's stopped because government is back in operation. it will be a continuing ripple effect over the nx year. and as you point out, this whole scenario could start up again in january and february further zapping consumer confidence. that's 2/3 of the economy is consumer spending. it's one reason why there's a growing angry gulf between tea party republicans such as ted cruz and the business community which has been shut out to some extent that wants its way back in here before things get out of hand. >> you know, i was skeptical, david -- i'll get back to you on this howard. there's cruz out there with his gun identifying with the nra again this weekend. he
screw up the economy, kill public confidence, then say there's a lack of confidence and the economy's not growing as it could so i'm going to bring economic growth. >> chris, i think there's some validity to that based on the numbers. that same study you were talking about estimated that job growth was diminished by at least 60,000 jobs a month over the last few months. and that's going to continue on into next year. it's not like it's stopped because government is back in operation. it...
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Oct 24, 2013
10/13
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>> the question is do you feel the economy is doing great right now? >> do they need to get back to that message? >> in 2012, it didn't work as well. they didn't emphasize obama care as much as they needed to and that's why obama was reelected and i'm not 100% sure that i'm onboard with that. you have this massive disaster unfolding before them. that's all they need. >> fred upton's first questions had to do with a delay and also not ready for prime time and let's take a liss 18 the at some of the responses. >> start with miss campbell. >> sure. >> i mean, you all testified in september, and so, either you didn't know about these problems or you knew about them and chose not to disclose them. which one is it? >> chairman, from a cgi perspective, our portion of the application worked as designed. people have been able to enroll, not at the pace and not at the the experience, but the end to end testing was the responsibility of cms. our portion of the system is what we testified in terms of what was ready to go live, but it was not our decision to go liv
>> the question is do you feel the economy is doing great right now? >> do they need to get back to that message? >> in 2012, it didn't work as well. they didn't emphasize obama care as much as they needed to and that's why obama was reelected and i'm not 100% sure that i'm onboard with that. you have this massive disaster unfolding before them. that's all they need. >> fred upton's first questions had to do with a delay and also not ready for prime time and let's take a...
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Jan 28, 2013
01/13
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in the last three months in his, the economy added an average of 150,000 jobs. the dow has gone from 8,000 has gone now to almost 14,000. the number of unemployed has gone from 11.6 million to 12.2 million. geithner told the "new republic," quote, i really believe that given the choices we had at the time with the authority we had and the options available to us that we did a very effective job. and by "we" i mean in many ways this was a bipartisan response across two administrations that will look good against the comparison of what we know about other crises of this magnitude. geithner indicated if he had to do it again he would be just as aggressive. he argued against taking an incremental piecemeal approach. with me now is lee who sat down secretary geithner for the interview. i hope i did not mangle your name. what's interesting about geithner, you watched him in the interview. how would you say he changed from the guy who was the head of the new york federal reserve in the middle of a crisis in a different place to the guy who is leaving sntoday? >> i thin
in the last three months in his, the economy added an average of 150,000 jobs. the dow has gone from 8,000 has gone now to almost 14,000. the number of unemployed has gone from 11.6 million to 12.2 million. geithner told the "new republic," quote, i really believe that given the choices we had at the time with the authority we had and the options available to us that we did a very effective job. and by "we" i mean in many ways this was a bipartisan response across two...